Oct 2, 2023
Kerry Lutz and Anthony Saccaro discussed the current state of the economy, predicting a possible recession in 2024 and suggesting that investors focus on dividend-paying stocks to protect their portfolios. They emphasized the importance of diversification, dollar-cost averaging, and reinvesting dividends during market downturns to take advantage of lower prices. Saccaro recommended a 60/40 plan with a focus on fixed income investments and warned against chasing high yields without considering the underlying fundamentals of a company.
He also suggested leaving some cash aside for short-term needs and diversifying investments for the short, mid, and long-term. Additionally, Saccaro offered a free book on retirement mistakes for interested viewers.
Visit Anthony's site and get a free copy of his latest book:https://providencefinancialinc.com/
Visit Kerry at:@https://FinancialSurvivalNetwork.com